The Rs 13,000-crore consultancy industry will face skilled manpower crunch, as it will create a capacity of over 220,000 top management consultants by 2010, found a study by Elixir web solutions on recruitment process outsourcing. The shortage is estimated to be around 10-12 per cent of the demand. The industry is growing at a rate of 20 per cent per annum and within it the Information Technology consulting sector is growing faster at 30 per cent per annum.
The last round of placements at the Institute of Company Secretaries of India (ICSI) in Delhi and Mumbai, this year, saw financial bigwigs like the Securities and Exchange Board of India, the Bombay Stock Exchange and top notch companies recruit students at an average pay package of Rs 4-4.5 lakh per annum, with the highest package hovering around Rs 7 lakh.
Bharti Airtel boss Sunil Mittal already heads the Confederation of Indian Industry (CII). Former BPL Mobile boss Rajeev Chandrasekhar is slated to take over as Federation of Indian Chambers of Commerce and Industry (Ficci) president.
"This reveals the gaps that need to be filled to bring in management education reforms in the country," said Arindam Lahiri, director, Academics, Career Launcher.
First-generation entrepreneurs of micro and small enterprises are facing the problem of inadequate credit flow. H P Kumar, chairman and managing director, National Small Industries Corporation, tells Business Standard about the recent initiatives taken by the corporation to tackle it.
Seniors-turned-entrepreneurs help students learn about the difficulties faced by international ventures.
Till a few months ago, the 22-acre Industrial Training Institute campus on the outskirts of Patiala did not even have a boundary wall.
CCI is India's competition regulator. The undertaking will be a part of the CCI's proposed 'competition compliance' programme.
In an effort to brand India as an emerging global power, Indian companies are organising a series of activities in the US to mark the 60th anniversary of Independence.
The Delhi Metro Rail Corporation is one of the four metros in the world to have operating profits among 135 metros globally, the Indian Institute of Management Lucknow has concluded in a recent case study.
Coercion does not work. People will find ways to come around it. No one can legislate that industry cannot spend, or not be ostentatious, says Sunil Mittal.
Reforms in the Indian economy have brought about a change in the nature, role and functioning of industry chambers and their membership, both in terms of composition and numbers.
60 per cent of home buyers are shying away from pre-launches.
It's been a bumpy ride so far for Internet TV, but faithfuls insist it won't be for long.
The ultra mobile PC segment is all set to get a boost with Vaio UX series